Skip to main content

Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

Granite Real Estate Investment Trust (GRT.UN-T; GRP.U-T) announced it has acquired the leasehold interest in two income-producing properties in Mississauga for $154-million. “The properties are being acquired at a current in-going yield of approximately 4.5 per cent, which is expected to be significantly enhanced by rental growth and future expansion,” the REIT stated.

**

Story continues below advertisement

High Tide Inc. (HITI-C) announced a non-brokered private placement for the sale of up to 10,000 convertible debentures the company at a price of $1,000 each for gross proceeds of up to $10-million. The offering is anchored by an order from Aphria Inc. (APHA-T; APHA-N) for $4.5-million. “The net proceeds of the offering will be used by the company to fund the construction of Canna Cabana, KushBar and Smoker’s Corner stores, complete strategic acquisitions as well as for general working capital purposes,” the company stated.

**

Cannabis One Holdings Inc. (CBIS-C) announced an agreement to acquire certain assets of Washington-based Honu Enterprises Inc., a cannabis-infused products brand, for up to US$10.3 -million in Class B “super-voting shares.” Jeffery Mascio, CEO of Cannabis One, said the agreement “further validates Cannabis One’s stated strategy of securing ‘best-of-breed’ brands.”

**

EnWave Corp. (ENW-X) announced that it has signed a royalty-bearing commercial license agreement with Fresh Business Consulting S.L., which the company says is a part of a diversified investment and consulting firm that has business interests in Spain, the United Kingdom and Peru.

"The agreement grants Fresh Business the exclusive rights to produce a variety of premium food products in Peru," the company stated. "This agreement further validates the value proposition for EnWave’s technology to drive innovation in the global fruit and vegetable market vertical."

**

Related topics

Report an error Editorial code of conduct
Tickers mentioned in this story
Unchecking box will stop auto data updates
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

Cannabis pro newsletter